EDC stuck with Capco loan; CEO backed Costantino, Cicilline

July 17th, 2012 at 11:05 am by under General Talk, Nesi's Notes

By Ted Nesi

PROVIDENCE, R.I. (WPRI) – Just weeks after the epic collapse of Curt Schilling’s 38 Studios, another high-profile loan guarantee to a politically company has gone sour after being approved by the R.I. Economic Development Corporation during the final year of former Gov. Donald Carcieri’s tenure.

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One Response to “EDC stuck with Capco loan; CEO backed Costantino, Cicilline”

  1. [...] offers a boost, even as the woes of the state Economic Development Corporation very much remain in the news. But perhaps if we’re lucky, the 38 Studios’ debacle will lead the state to drop its [...]